The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report for March, released on Friday May 31, showed that rail and barge shipments of renewable diesel (RD) and biodiesel were up by 2% from February. There were 2.9 million barrels of RD and 250,000 barrels of biodiesel shipped to the West Coast in March. Biodiesel shipments were down 37% from February, while RD shipments climbed by 8%.
The advent of California’s Low Carbon Renewable Fuel Standard (LCFS) and the subsequent additional clean fuel standards enacted in Oregon and Washington have incentivized renewable fuel consumption on the West Coast. Due to these programs, RD is almost exclusively consumed within these three states.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...